Eurozone Final CPI at 1.9%

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Wednesday, May 17 2017

Eurozone Final CPI at 1.9%

Euro area annual inflation was 1.9% in April 2017, up from 1.5% in March. In April 2016 the rate was -0.2%. European Union annual inflation was 2.0% in April 2017, up from 1.6% in March. A year earlier the rate was -0.2. Compared with March 2017, annual inflation fell in six Member States, remained stable in three and rose in nineteen.

The largest upward impacts to euro area annual inflation came from fuels for transport (+0.39 percentage points), package holidays (+0.12 pp) and heating oil (+0.11 pp), while telecommunication (-0.11 pp), garments (-0.08 pp) and bread & cereals (-0.05 pp) had the biggest downward impacts.

More in this category: « UK Unemployment Rate fell to 4.6% Oil prices add to gains as EIA reports 6th straight weekly drop in U.S. crude supplies »

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